Just a possibility , we trade price ACTION
(A)-Bounce off the 50 MA
(B)-Smack back into our trend line/resistance
(C)-Smack into our trendline / support
In my opinion, with the state of the world economy, It is impossible for me to be BULLISH, so I do anticipate a much needed sell off.
(A)-Bounce off the 50 MA
(B)-Smack back into our trend line/resistance
(C)-Smack into our trendline / support
In my opinion, with the state of the world economy, It is impossible for me to be BULLISH, so I do anticipate a much needed sell off.